Peter Lindert: Purchasing Power Disparity before 1914: "The issue has become “when did countries’ contemporaneous purchasing powers diverge?”, not “when did countries’ productivity grow at different rates?”...

Branko Milanovic: Liberation from the shackles of space: "The Great Convergence by Richard Baldwin is... a novel and persuasive way of defining the three historical eras of globalization as... the reduced cost of transporting (i) goods, (ii) information, and (iii) people...

Peter Lindert: Purchasing Power Disparity before 1914: "The issue has become “when did countries’ contemporaneous purchasing powers diverge?”, not “when did countries’ productivity grow at different rates?”...